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Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income        
Net revenue $ 106,122 $ 131,512 $ 197,098 $ 243,414
Cost of revenue 58,726 71,345 111,741 130,269
Gross profit 47,396 60,167 85,357 113,145
Selling and marketing expenses 24,670 25,851 44,159 47,737
General and administrative expenses 24,396 23,392 48,744 51,226
(Loss) income from operations (1,670) 10,924 (7,546) 14,182
Interest expense 426 157 949 365
Other income, net (373) (27) (446) (81)
(Loss) income before provision for income taxes (1,723) 10,794 (8,049) 13,898
Income tax provision 874 4,795 166 5,856
Net (loss) income and comprehensive (loss) income $ (2,597) $ 5,999 $ (8,215) $ 8,042
Basic earnings per share $ (0.07) $ 0.16 $ (0.21) $ 0.21
Diluted earnings per share $ (0.07) $ 0.15 $ (0.21) $ 0.21
Basic weighted-average shares outstanding 39,680,908 38,535,409 39,457,607 38,316,895
Diluted weighted-average shares outstanding 39,680,908 38,992,901 39,457,607 38,555,919